12, Jingao Technologies issued its annual performance forecast for 2025.
The announcement shows that Jingao Technologies expects a net profit loss of 4.5 billion yuan to 4.8 billion yuan for shareholders of listed companies in 2025, and a net profit loss of 4.8 billion yuan to 5.1 billion yuan after deducting recurring gains and losses.

As for the performance changes, Jingao Technologies said that during the reporting period, the company was affected by the periodic imbalance between supply and demand caused by the centralized release of production capacity in various links of the main photovoltaic industry chain in recent years , and the competition in the industry continued to intensify. Compared with the same period, the overall pressure on the prices of major products in all sectors declined, while the international trade protection policy intensified , resulting in a year-on-year decline in the average sales price and profitability of the company's components , and a phased loss in operating results.
According to the previous three-quarter report, in the first three quarters of 2025, the net profit of shareholders belonging to listed companies in Jingao Science and Technology was 3.553 billion yuan . The net profit after deducting non-recurring gains and losses was 3.453 billion yuan .
According to this calculation, the net profit loss of Jingao Science and Technology in the fourth quarter of 2025 is expected to be 947-1.247 billion yuan . It is estimated that the net profit loss after deducting non-recurring gains and losses will be 1.347-1.647 billion yuan .
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